Eternal: Zomato turf intact, but Blinkit may face a new threat

The broader market is showing positive momentum, with Sensex and Nifty surging. However, specific sector-level competitive pressures, like those in quick commerce, can create headwinds for individual stocks.

• •Zomato's food delivery turf is considered intact.
• •Blinkit, Zomato's quick-commerce arm, may face new threats.
• •E-commerce companies entering the quick-commerce space pose a high risk.
• •Valuations for Zomato have come off, potentially tempting eternal investors.
• •Risk flag: Increased competition from well-funded e-commerce giants.